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Under contractPrice cut: $200K (7/11)
$2,100,000
5beds
4,347sqft

132 Grassy Gap Loop Road, Beech Mountain, NC 28604

5beds
4,347sqft
Single family residence
Built in 2004
1.28 Acres
1 Garage space
$483 price/sqft

What's special

Paved drivewayBreathtaking northeast mountain sunrisesHeated garagesWood flooringRustic interiorWaterford chandelierWalk-in shower

HUGE PRICE IMPROVEMENT! PRIMO LOCATION! Welcome home to the “O’Connell Estate”—a rare opportunity to own a beautiful HIGH-END CUSTOM-BUILT mountain home in one of the most coveted locations on Beech Mountain. This IS the "sweet spot" on the mountain where properties in this area seldom hit the market and very few of them offer this extraordinary combination of MULTI-STATE LONG-RANGE & GOLF COURSE VIEWS + DIRECT ACCESS to the prestigious Beech Mountain Golf Course. This architectural masterpiece offers 5 BEDROOMS - 3 FULL BATHS plus two 1/2 baths featuring LEVEL-ENTRY on 1.28 acres (two lots) with a paved driveway and TWO garages. This is the ONLY home currently available that delivers this caliber of views and a centralized location on the mountain. "O'Connell Estate" offers 4,347 sq ft of finished living area PLUS an additional 2,255 sq ft of HEATED basement (total of 6,602 sq ft) where you could create a game room, gym, home theater or anything you envision! The main level offers effortless living and an open floor plan with direct access to the expansive covered deck, where breathtaking Northeast mountain sunrises become part of your everyday lifestyle. The rustic interior features 150-year-old reclaimed beams, wood flooring plus a floor to ceiling stone gas-log fireplace, stereo surround sound and a spacious dining area. The kitchen is a chef's dream with granite countertops & backsplash, 2 ovens, a large walk in pantry and a custom-built center island accommodating 6 comfortably. The primary bedroom suite has a spa-like bathroom with heated tile floors, a Waterford chandelier, his/her sinks, walk-in shower and custom cabinetry. There is a 1/2 bath for guests which also has a petite Waterford chandelier. The lower level is an entertainer’s dream, featuring a second family room with gas-log fireplace, 4 guest bedrooms (1 is currently being used as an office) and 2 full baths ideal for visiting family & friends. Your guests can also enjoy the views from their private covered deck. Venture down to the 3rd level where the heated basement has a workshop, storage, 1/2 bath and garage. Other amenities include a dedicated laundry room on main level, CENTRAL A/C (main level), NEW ROOF (2025) & Kohler whole-home generator, heated garages, humidifier and Trex decking (upper deck). The Beech Mountain club membership is current (a $35,000 value) and transfers to buyer at closing granting access to member-only amenities, including FINE DINING, championship golf, an outdoor swimming pool, a fully equipped fitness center & pickleball/tennis courts. Simply put, you will not find a better-built home on Beech Mountain that has this location, these views and this level of unmatched craftsmanship—than the O’Connell Estate. Come see for yourself why this is a home your family will cherish for generations to come.

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Source: High Country AOR,MLS#: 262386MLS LogoOriginating MLS: High Country Association of Realtors Inc.
Travel times

Covered Deck

Views

Covered Front Porch

Foyer

Living Room

Dining Room

Kitchen

Primary Bedroom-main level

Primary Bathroom

Half Bathroom-main level

Great room -lower level

Office/Bedroom- lower level

Bedroom-lower level

Bathroom-lower level

Bedroom-lower level

Bathroom-lower level

Bedroom-lower level

Laundry Room-main level

2 car Garage

Side Garage

workshop

Zillow last checked:

Listing updated:

Listed by:

Cindy Giarrusso 828-964-2896,

Blue Ridge Realty & Investment

Source: High Country AOR,MLS#: 262386MLS LogoOriginating MLS: High Country Association of Realtors Inc.

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2
Heating
  • Forced Air, Fireplace(s), Propane
Cooling
  • Central Air
Appliances
  • Included: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Laundry: Main Level
Features
  • Wet Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Window Treatments
  • Windows: Window Treatments
  • Basement: Crawl Space,Exterior Entry
  • Number of fireplaces: 2
  • Fireplace features: Two, Gas, Stone, Vented, Propane
Interior area
  • Total structure area: 7,198
  • Total interior livable area: 4,347 sqft
  • Finished area above ground: 2,092
  • Finished area below ground: 2,255
Video & virtual tour

Property

Parking
  • Total spaces: 1
  • Parking features: Driveway, Garage, One Car Garage, Two Car Garage, Other, Paved, Private, See Remarks
  • Garage spaces: 1
  • Has uncovered spaces: Yes
Features
  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Composite, Covered, Multiple, Open
  • Exterior features: Paved Driveway
  • Pool features: Community
  • Has view: Yes
  • View description: Golf Course, Long Range
Lot
  • Size: 1.28 Acres
Details
  • Parcel number: 1940967616000

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Mountain,Traditional
  • Property subtype: Single Family Residence
Materials
  • Fiber Cement, Stone, Stucco, Wood Frame
  • Roof: Asphalt,Shingle
Condition
  • Year built: 2004

Utilities & green energy

  • Electric: Generator
  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: High Speed Internet Available

Community & HOA

Community
  • Features: Club Membership Available, Dog Park, Fitness Center, Golf, Lake, Pickleball, Pool, Skiing, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Subdivision: Grassy Gap Golf Course
HOA
  • Has HOA: No
Location
  • Region: Banner Elk

Financial & listing details

  • Price per square foot: $483/sqft
  • Annual tax amount: $11,780
  • Date on market: 6/11/2026
  • Listing terms: Cash,Conventional,New Loan
  • Road surface type: Paved

Price history

DateEventPrice
7/29/2026Contingent$2,100,000$483/sqft
Source: High Country AOR #262386 Report a problem
7/11/2026Price change$2,100,000-8.7%$483/sqft
Source: High Country AOR #262386 Report a problem
6/11/2026Listed for sale$2,300,000$529/sqft
Source: High Country AOR #262386 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$11,395/mo
Principal & interest
$10678
Property taxes
$717
More affordability toolsChevron Right

Estimated market value

$1,958,300

$1.86M - $2.06M

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 28604

Nearby schools

Valle Crucis Elementary
Grades PK-812.5 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
6/10
Watauga High
Grades 9-1212.9 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
7/10
Student Progress Rating
9/10